Whether it’s for retirement, buying a home or going back to school, there’s no better way to start saving than an RRSP+ with the Fonds. Did you know that an RRSP+ saves you 30%* more tax than a conventional RRSP?
The Fonds invests in local companies, helping to create, maintain and protect thousands of jobs in Quebec’s regions. Your savings pay off, because not only do you get additional tax credits,1 the entire Quebec economy benefits from responsible investing in local companies.
Why save in an RRSP?
- RRSPs are the perfect complement to public plans.
- In Quebec, all workers are fortunate enough to be able to draw income from public plans when they retire. But this income might not be enough to maintain your standard of living, especially if your employer doesn’t offer a company pension plan.
Why is it even better to contribute to my RRSP+ through payroll deductions?
- It’s a way to save automatically.
- You contribute to your RRSP+ directly from your salary, while enjoying additional tax credits* on every paycheque.
- You also benefit from the RRSP deduction with every paycheque. So you get more take-home pay!
- You set the amount of the deductions yourself.
- And you can change or stop them at any time.
How can I contribute if I work for the federal public service and am paid through the Phoenix pay system?
The Fonds de solidarité FTQ team has developed a very simple guide outlining the steps to follow to contribute to your RRSP+ through payroll deductions if you’re on the Phoenix pay system.
The Fonds team is never far away!
Do you need help using our digital solutions, or would you prefer to speak to someone directly? Contact us and we’ll be happy to refer you to a local representative who can help!
If you’d like to learn more about the RRSP+ with the Fonds, visit our website at www.fondsftq.com/en or talk to your local representative.
*Purchases of Fonds de solidarité FTQ shares may qualify for labour-sponsored funds tax credits. Conditions and restrictions apply. For more details, please consult the Fonds de solidarité FTQ prospectus.
